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Recent Analysts' Ratings Updates for Old Dominion Freight Line

2015-10-16 12:18:02| Trucking - Topix.net

Several brokerages have updated their recommendations and price targets on shares of Old Dominion Freight Line in the last few weeks: 10/12/2015 - Old Dominion Freight Line was upgraded by analysts at Zacks from a "sell" rating to a "hold" rating. According to Zacks, "Old Dominion Freight Line, Inc. is an inter-regional and multi-regional motor carrier transporting primarily less-than-truckload shipments of general commodities, including consumer goods, textiles and capital goods to a diversified customer base.

Tags: line recent ratings updates

 

Delivery giant UPS announces increases of around 5 per cent for ground, air and freight rates

2015-10-16 02:16:50| Trucking - Topix.net

UPS is raising ground, air and freight rates by averages of around 5 per cent as it seeks to boost revenue that has stagnated this year. The Atlanta-based package delivery company said Thursday that on Oct. 26 freight rates will rise an average of 4.9 per cent, and on Dec. 28, rates on ground shipping will increase 4.9 per cent and air and international services will rise about 5.2 per cent.

Tags: air rates delivery ground

 
 

Exclusive: Canada railroads cut crude freight rates to lure shipments

2015-10-15 23:48:45| Railroads - Topix.net

Canadian rail companies are slashing rates for shipping crude in their first serious effort to revive an industry rocked by the rout in global oil prices, according to shippers and terminal operators who are seeing discounts of as much as 25 percent. CALGARY, Alberta/NEW YORK: Canadian rail companies are slashing rates for shipping crude in their first serious effort to revive an industry rocked by the rout in global oil prices, according to shippers and terminal operators who are seeing discounts of as much as 25 percent.

Tags: canada rates cut exclusive

 

WiseTech Global and Core Freight Systems unite

2015-10-14 17:33:13| Logistics - Topix.net

"Our union with WiseTech Global ensures that we will be able to continue providing the best solutions for our customers," explains Jonathan Sims of Core Freight. "It is clear that the technological demands within the global logistics industry are rising at a critical pace.

Tags: systems global core freight

 

Old Dominion, Mallory Alexander Form Alliance for Ocean Freight Forwarding

2015-10-09 03:38:54| Trucking - Topix.net

Old Dominion Freight Line has formed a strategic alliance with Mallory Alexander International Logistics to provide ocean freight forwarding services. Under the alliance, Mallory Alexander will provide all ocean freight forwarding, back-office and operational services.

Tags: form alexander ocean alliance

 

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